UK economy


post 26 November 2015
Read more on Gary Gibbon's blog Has Osborne's Autumn Statement moved him to left of Vince Cable?

Mr Osborne's newly announced plans to scale back cuts and raise taxes brings him in line with policy positions promoted by his Lib Dem coalition partners during the last parliament.

article 25 November 2015 UK
George Osborne scraps controversial tax credit reforms

In a surprise move, the Chancellor tells MPs that his much-criticised plans to cut tax credits to working families are to be abandoned entirely.

article 12 November 2015 World, India
Modi visit: praise and protest as Indian PM arrives in UK

The arrival of Narendra Modi, leader of the world's largest democracy, is described by David Cameron as a "historic opportunity". But protesters condemn his record on free speech and human rights.

post 07 August 2015
Read more from Siobhan Kennedy Was the Governor flip-flopping on interest rates?

Mark Carney is saying that in order to stop inflation overshooting the target, we might have to start raising rates more quickly or more steeply than yesterday's report would imply.

post 09 June 2015
Read more from Siobhan Kennedy Will Osborne back down over HSBC's bank levy concerns?

The timing of today┐s HSBC announcement couldn┐t be any more convenient - and there are signs that George Osborne may respond in a way that will please the bank.

post 04 June 2015
Read more on Gary Gibbon's blog No 10's media machine tightens its grip

George Osborne will speak on the economic task ahead today, just as the OECD suggests he might consider easing off. Don't expect that to be the tone of his remarks though.

article 19 May 2015 Business
Negative inflation (Getty Images)
UK inflation turns negative - the key questions

UK consumer prices turned negative in April for the first time, falling to -0.1 per cent. Good news for consumers - but is there a downside?

article 28 April 2015 UK
Chancellor George Osborne
Do GDP figures mean UK economy is still not 'fixed'?

The economy finally picked up momentum in 2013. But what is worrying for George Osborne about today's GDP figures is how they suggest that momentum ebbing away over the last year.

post 14 April 2015
Read more from Siobhan Kennedy If UK plc is putting the skids on spending, that's bad news

A new survey says Britain┐s chief financial officers are so worried about the general election that they┐ve started to rein in spending - a worrying development for the UK economy.